DCWT (03768) is expected to decrease in attributable profit to equity holders from approximately RMB 2.123 billion to RMB 1.808 billion in 2025.

DCWT (03768) announced that the Group expects to achieve a pre-tax profit of approximately RMB 2.558 billion to RMB 2.179 billion for the full year ending December 31, 2025. This represents a decrease of RMB 58.6 million to RMB 96.5 million compared to the approximately RMB 3.144 billion for the full year ending December 31, 2024. The profit attributable to equity holders of the company is expected to be approximately RMB 2.123 billion to RMB 1.808 billion for the period, representing a decrease of RMB 50.9 million to RMB 82.4 million compared to the approximately RMB 2.632 billion for the full year ending December 31, 2024. The decrease in profit is mainly due to the sale of subsidiaries in 2024, resulting in a decrease in revenue for 2025 and therefore a decrease in profit year-on-year. Additionally, there is an expected increase in provision for credit impairment losses in 2025. Furthermore, there is a decrease in investment in engineering projects in 2025, leading to a decrease in profit from the engineering construction business year-on-year.